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Submit records connected with 2016 demonetisation decision: SC to Centre

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The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to submit relevant records in connection with the government’s 2016 demonetisation decision for its perusal.

After hearing detailed arguments on a batch of petitions challenging the demonetisation move, a bench headed by Justice S.A. Nazeer reserved the judgment.

The bench, also comprising Justices B.R. Gavai, A.S. Bopanna, V. Ramasubramanian and B.V. Nagarathna, said: “Counsel of the Union of India and Reserve Bank of India are directed to produce the relevant records.”

Attorney General R. Venkataramani represented the Centre and senior advocate Jaideep Gupta represented the RBI, and senior advocates P. Chidambaram and Shyam Divan appeared for some of the petitioners.

Reserving the judgment on the petitions, the top court directed the parties to file written submissions by December 10.

The AG contended that he will submit the relevant records in a sealed cover.

On Tuesday, Justice Nagarathna said the courts will not go into the merits of the decision, but it can always go into the manner it was taken, two things are totally different.

“Because it is an economic policy court cannot fold its hand and sit. Merits of the decision, it is for the government in its wisdom it knows what is best for the people, but while taking that decision what was the material on record, relevant considerationsa,” said Justice Nagarathna.

Chidambaram, representing a petitioner, said the government should confidently defend the decision and also the decision-making process (involved in 2016 demonetisation), and added they should place those documents before the court.

He said that if the government were to adopt a route through Parliament, then the parliamentarians would have stopped the policy but they did not follow the legislative route.

Chidambaram submitted that the RBI Governor must be fully aware of the fact that in 1946 and 1978, the central bank opposed demonetisation and they resorted to plenary power of legislature.

“Surely the history of RBI is published by the RBI. They must be deemed to know that also,” he said, urging the court to see the documents to see whether the decision-making was fair and not arbitrary.

The Centre had told the Supreme Court that the November 2016 decision to withdraw legal tender of Rs 500 and 1,000 currency notes was one of the critical steps in the series of transformational economic policy steps and this decision was taken after extensive consultation with the RBI and advance preparations.

The Union Ministry of Finance, in an affidavit, said: “The withdrawal of legal tender character of a significant portion of total currency value was a well-considered decision. It was taken after extensive consultation with the RBI and advance preparations.”

It further added that demonetisation was also a part of larger strategy for combating the menace of fake money, terror financing, black money and tax evasion.

“The notification issued on 08.11.2016 was a major step to fight the menace of fake currency notes, storage of unaccounted wealth and financing of subversive activities,” it said.

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‘Mantriji Haath Jeb Mein Se Bahar’: LS Speaker Om Birla Chides Minister For Putting Hand In Pocket Inside House

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'Mantriji Haath Jeb Mein Se Bahar': LS Speaker Om Birla Chides Minister For Putting Hand In Pocket Inside House

New Delhi, July 26: The Parliament’s Monsoon Session has seen its share of confrontations between the members of the ruling government and the Opposition. Even Lok Sabha speaker Om Birla has not been immune to getting into an argument or chiding a member for inappropriate behaviour. A similar incident was witnessed in the lower house on Thursday when speaker Birla scolded a member of the ruling government in the house and a minister for putting “hands in pocket”.

A video that has now gone viral shows Lok Sabha speaker Om Birla telling the minister, “Mantriji haath jeb se bahar (Minister, hands out of the pocket please)”. After this, Birla requested all the members not to put their hands in pocket while being inside the house.

He also went on to instruct that if a member is speaking, the member sitting in front should not get up and in fact try to sit somewhere back so that the member speaking is not obstructed.

The video also caught the voice of a person trying to clarify after Birla’s remarks. However, the video did not show which minister was scolded by the Lok Sabha Speaker.

This is the second time in two days when the usually unflappable Lok Sabha speaker was seen trying to correct an MP inside the house. On June 24, the exchange between Lok Sabha speaker Om Birla and TMC MP Abhishek Banerjee had gone viral.

The video shows Om Birla asking TMC MP Abhishek Banerjee to not talk about past events while speaking on the budget and focus only on the current budget in his speech. Abhishek Banerjee retorted saying, “Then why do you have no problem when someone speaks on Nehru ji and talks about 60 years old things.” Banerjee then went on to say that if he speaks on demonetisation (which took place in 2016), then the speaker has problem.

The Union Budget and the first one of Modi 3.0 was presented by Finance Minister Nirmala Sitharaman on July 23. The Opposition criticised the budget calling it an exercise by the government to ensure that it keeps its alliance partners happy and alleged that the budget favoured several states and deliberately left out the other regions.

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Farah Khan’s Mother Menka Irani Passes Away At 79, Days After Undergoing Multiple Surgeries

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Menka Irani, the mother of filmmakers Farah Khan and Sajid Khan, passed away on July 26, Friday. The news was shared by Kamaal R Khan on his social media handle.

Farah’s mother was 79 when she breathed her last.

The heartbreaking news comes days after Farah had revealed in an Instagram post that her mother had undergone multiple surgeries. On her birthday on July 12, Farah had penned a heartfelt note for her mother and had lauded her strength.

“We all take our mothers for granted. especially me! This last month has been a revelation on how much I love my mom Menka.. she’s been the strongest, bravest person iv ever seen.. sense of humour intact even after multiple surgeries,” she wrote.

“Happy birthday mom! Today’s a good day to come back home. Can’t wait for you to get strong enough to start fighting with me again.. I love you,” she wrote.

Friends of Farah and Sajid were seen reaching their residence to extend their support and condolences.

Menka was the sister of former child actors Honey Irani, who later married Javed Akhtar, and Daisy Irani. She is survived by her two children — Farah and Sajid.

Not many know but Menka also acted in the film Bachpan in 1963, which starred Salman Khan’s father Salim Khan.

In an earlier interview, Farah had revealed how their mother brought Sajid and her up after their father lost all money and died due to alcohol addiction. “We’d lost all our money, dad’s film had flopped. We had a riches to rags story,” she had said.

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‘Pakistan Has Not Learned Any Lessons From History’: PM Modi Warns Neighbouring Country On Kargil Vijay Diwas

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'Pakistan Has Not Learned Any Lessons From History': PM Modi Warns Neighbouring Country On Kargil Vijay Diwas

As the country commemorates the 25th anniversary of the victory in the Kargil War, PM Modi on Friday paid tribute to the brave soldiers who lost their lives fighting for the country in the 1999 conflict.

On this occasion, PM Modi also warned the neighboring country, stating that Pakistan has not learned any lessons from history.

Speaking at the Kargil Vijay Diwas Shradhanjali Samaroh in Kargil, PM Modi said, “India was trying to establish peace at that time, in return, Pakistan once again showed its untrustworthy face. However, lies and terror were defeated by the truth. Every time Pakistan attempted something nefarious, it has received a befitting reply in the past. However, Pakistan has not taken any lessons from its own history. It is trying to keep itself relevant taking help of terrorism and proxy war.”

“Today, I am speaking from the very place where the masters of terrorism can hear me clearly! I want to tell these patrons of terrorism that their sinister plans will never succeed,” added PM Modi.

“However, Pakistan has not taken any lessons from its own history. It is trying to keep itself relevant taking help of terrorism and proxy war,”

Paying tribute to the Indian soldiers who died in the war, PM Modi added, “Today, the majestic land of Ladakh marks a significant milestone – 25 years since the triumphant victory of Kargil. Kargil Vijay Diwas reminds us that the sacrifices made for our nation are eternal and forever remembered. As time passes, days turn into months, months into years, and years into centuries – the names of those who laid down their lives for the sake of national security remain etched in our collective memory, forever immortalised!”

Earlier today, PM laid a wreath at the Kargil War Memoria in Drass, Ladakh, on the occasion of the 25th Kargil Vijay Diwas.

Chief of Defence Staff Gen Anil Chauhan and all ranks of the armed forces also joined in remembering the supreme sacrifice made by the soldiers during the Kargil war.

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